Background*

Ms. Ann M. Fudge served as the Chairman and Chief Executive Officer of Young & Rubicam Brands of WPP Plc., from 2003 to 2006. Ms. Fudge served as the Chairman of Y&R Advertising, Inc. until 2011 and served as its Chief Executive Officer. She joined General Foods USA in 1986 and held several planning and marketing positions before being appointed as an Executive Vice President and General Manager of the Dinners and Enhancers Division in 1991. She was employed at Mondelez ... International, Inc. She spent nine years at General Mills, Inc. She worked in Human Resources for GE. She served as the Chief Executive Officer of Worldwide at Young & Rubicam, Inc. She served as the President of Kraft’s Beverages, Desserts and Post Division from September 2000 to March 2001 and Group Vice President of Kraft Foods Inc.'s packaged foods, Tarrytown, NY from 2000 to 2001. Since 1995, she served as an Executive Vice President of Kraft Foods, Inc. while continuing to head the Maxwell House Coffee Division as General Manager. In 1994, she served as the President of Kraft General Foods’ Maxwell House Coffee Company until February 2001. She serves as an Executive Chairman of Young & Rubicam Brands at Young & Rubicam Inc. from 2003 to December 2006 and also served as its Director. She served as a Vice Chairman and Member of Board of Governors of Boys & Girls Clubs of America, Inc. She serves as a Director of Buzzient, Inc., Y&R Advertising, Inc. She has been a Director of Novartis AG since February 2008 and General Electric Capital Corporation since 1999. She has been a Non-Executive Director of Unilever plc and Unilever NV since May 14, 2009. She serves as a Trustee of The Brookings Institution and Simmons College. She serves as Director of Council on Foreign Relations, Inc. She serves as a Director of Novartis Institutes for BioMedical Research, Inc. She serves as Director of Morehouse College. She has been a Non-Executive Director of Unilever South Africa (Pty) Ltd. since May 2009. She serves as a Trustee of The Rockefeller Foundation. She serves as the Honorary Director of Catalyst Inc. and served as its Director. She served as an Independent Director of Infosys Ltd. from June 11, 2011 to June 14, 2014. She served as a Director of Marriott International, Inc., from December 2001 to May 31, 2003. She served as an Independent Director of General Electric Company from 1999 to February 22, 2015. She served as a Director of CMI Marketing, Inc. and The Harvard Business School Club of Greater New York, Inc. She served as a Director of Honeywell International Inc. from 1993 to June 1, 2003. She serves as the Chairman of the US Programs Advisory Panel of the Gates Foundation. She serves as Vice Chairman, Board Overseers of Harvard University. She serves as a Member of The Council at National Museum of African American History and Culture. Among her honors are leadership awards from the Minneapolis and New York City YWCA, the 1998 Alumni Achievement Award from Harvard Business School and the 2000 Achievement Award from the Executive Leadership Council. She has been named by FORTUNE as one of the 50 most powerful women in American business. Ms. Fudge holds a BA in Management from Simmons College in 1973 and an MBA from Harvard University in 1977.

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